Foreign affairs dubai

UAE flag (Source: VNA) Hanoi (VNA) – The Embassy of the United Arab Emirates (UAE) in Vietnam held a ceremony in Hanoi on November 29 to celebrate the UAE’s 47th National Day (December 2) and the 25th founding anniversary of diplomatic ties with Vietnam. Speaking at the event, UAE Ambassador to Vietnam Obaid Saeed Obaid Bintaresh Al Dhaheri said bilateral ties have been strengthened via mutual visits and support at international organisations and forums, and reflected by the growing two-way trade. The UAE has become a major trade partner of Vietnam in the Middle East and Africa with bilateral trade surpassing 6 billion USD, accounting for one-third of Vietnam’s trade with regional countries. Both sides are striving to lift two-way trade to about 10 billion USD by 2020, he said. The ambassador described the UAE as a major gateway for Vietnamese goods to enter Africa and the Middle East, while Vietnam is also a gateway for the UAE to access … [Read more...] about UAE’s 47th National Day marked in Hanoi

Kim, who had served as chief of South Korea's Gyeonggi Provincial Police Agency and vice president of Interpol, will become the first South Korean to head the global police body. Kim will replace Meng Hongwei of China, who disappeared two months ago. The election was held in Dubai on the final day of Interpol's general assembly. Kim, 57, is to serve as president of Interpol for the remainder of Meng's term, until November 2020, according to officials at the National Police Agency of Korea and the Ministry of Foreign Affairs. Kim competed closely with Russian candidate Alexander Prokopchuk, another Interpol vice president, in the election, they noted. Since Meng's disappearance in September, Kim has been serving as Interpol's acting president. Kim joined the South Korean police in 1992 and retired in 2015 after serving as head of the Gyeonggi Provincial Police Agency. Interpol, or the International Criminal Police Organization, was established in 1923 as a … [Read more...] about South Korean elected chief of Interpol for first time

* Malaysian Prime Minister Mahathir Mohamad turned up late Monday in a show of support for his designated successor and former deputy Anwar Ibrahim for the latter's bid to return to the parliament through a by-election. * At the meeting with visiting US Secretary of State Mike Pompeo, the director of the Office of the Foreign Affairs Commission of the Communist Party of China (CPC) Central Committee, Yang Jiechi, calling on the two major countries to "follow the right path of win-win cooperation, rather than go astray toward conflict and confrontation." * Russia needs to restore its relations with the European Union (EU) and believes that many governments want the same, Russian Foreign Minister Sergei Lavrov said Monday. * India will grow at 7.3 percent this year and 7.4 percent in 2019, the International Monetary Fund has predicted. * French President Emmanuel Macron on October 8 urged international community to take swift moves to combat global warming that triggered wave of drought, … [Read more...] about World News in Brief: October 9

Thousands of Yemenis vent anger against Riyadh and Washington on August 13, 2018 as they take part in a mass funeral in the northern Yemeni city of Saada, a stronghold of the Iran-backed Huthi rebels, for children killed in an air strike by the Saudi-led coalition last week. — AFP/VNA PhotoViet Nam News SAADA — Thousands of Yemenis vented anger against Riyadh and Washington on Monday as they took part in a mass funeral for children killed in an air strike by the Saudi-led coalition. At least 29 children were among those killed in the air raid Thursday on a bus in a crowded market in Dahyan, Saada province, according to the International Committee of the Red Cross. The mass funeral was held in Saada city, a stronghold of the Iran-backed Huthi rebels, with images broadcast by the rebels’ Al-Masirah television. Around 50 vehicles brought coffins into a large square in the city. The coffins were covered with green drapes and portraits of the victims were lined up on … [Read more...] about Protests at funeral for Yemeni children killed in coalition strike

VIB buys back all bad debt from VAMC Vietnam International Bank (VIB) announced last week that it has repurchased more than VND1.46 trillion (US$64.2 million) worth of debt from the Viet Nam Asset Management Company (VAMC). With this move, VIB was recognised by the State Bank of Viet Nam and VAMC as one of four banks which required all bad debts that they sold to VAMC. Three others are Vietcombank, Techcombank and MBBank. Earlier in July, VIB released its financial report in the first half of 2018 with a profit of over VND1.15 trillion ($51 million), triple that of the same period last year, or equivalent to 57 per cent of the yearly target. During the period, the banks’ net revenue reached VND2.7 trillion, up 56 per cent year-on-year, while its lending saw a yearly rise of 9 per cent to VND91.7 trillion. From January to July, VIB’s Capital Adequacy Ratio (CAR) was maintained at 12.5 per cent while the cost-income ratio (CIR) stood at 49 per cent, … [Read more...] about BUSINESS NEWS IN BRIEF 8/8